The ailing blockchain platform Terra said on Monday that it has introduced a new Governance Alert Bot that will inform the public of all recent governance-related events.
On August 29, Terra tweeted about the launch of a new Governance Alert Bot that would inform the Terra community of any governance-related activity (LUNA).
The bot will notify the community members when a new post is added to Agora’s Governance and Proposals section. Additionally, Terra’s governance bot will notify users 48 hours before the proposed voting deadline and again when the voting session is finished and the results are available.
Members of the community must follow the Twitter account “Terra Governance Alerts” or subscribe to the Governance Alerts channel on Telegram in order to access the bot feature and keep informed about Terra proposals and discussions.
The prices of LUNA and the old chain network token, LUNC have increased as a result of the current Terra and Terra Classic advancements. The price of LUNA has increased by almost 6% over the past day and is currently trading at roughly $1.63 as of this writing.
Terra Classic (LUNC) has increased by about 10% during the past day. Since the business introduced LUNC staking last week, the price of LUNC has significantly increased. Due to the increased interest, more than 100 billion LUNC were staked in just 6 hours.
The community-backed burning of LUNC tokens is also driving up the prices of LUNC and its sister token USTC, with both token prices increasing by over 40% in the last week, although USTC prices have since retraced.